10 T HE CUBA U E \ 1 L W 



prolniliiliiii's of this iiisiitiitioii «'stiil>lisliin{r a InaiKh in tliis city. Arriiugeinents 

 have Ih'1'11 coiiii'li-l*'!! i" tiiis end and tiie Dwui ul' llic College of Business Adraiuis- 

 tratioii (if Boston liiivcisity. one of rlie largest institutions of its kind in the 

 United States, is exiiertcd to have all arrangements fonii»leted by this Fall for 

 affording Ciiltan siiidtMits a thorough eoiirse in business administration. English 

 is one of the principal subjecis that will be taught and this feature alone will 

 mean a great deal to the young men of the Island, as it is more evident every day 

 that English is coming into greater use as the commercial language. 



CUBA'S IMN'EAI'I'LE CROP: The pineapple crop for this year is estimated 

 to greatly exceed that of last year. People well informed on the subject advise 

 us that approximately l,2<;o,000 crates are expected this year. Artemisa, in the 

 Province of Pinar del Kio, is the most productive zone and the fruit in this region 

 is in the very tinest conditiini possible for shipment North. On account of the recent 

 freeze in Florida, and the oonseciuent shortage of this delicious fruit in the States, 

 iiigh prices are expected to be obtained. Estimates for next year are put as high 

 as 1,500,000 crates, as the growing of pineai»ples in Cuba has been extensively 

 developed and with proper encouragement from transportation companies the growth 

 will doubtless continue. The superiority of the Cuban-grown pineapple is evidenced 

 by the great demand manifested for them in Northern markets. 



COWEXTIOX OF KOTAKV CLUBS AT ATLANTIC CITV: Great preparations 

 are being made for a large number of representatives of tlu- different liotary Chios 

 throughout the Island to attend the annual convention at Atlantic City, and unique 

 souvenirs will be taken to the Convention City from Cuba, in the form of miniature 

 bags filled with raw sugar. Several thousand of these will be distributed. The 

 members will also carry with them many hundreds of the buttons to be made for 

 the occasion, these buttons to bear the Cuban Flag and the name of the Island 

 Rotary Clubs. Cane stalks will also be carried by the members from Cuba during the 

 parades which will be held. A special train from Key West to Atlantic City will 

 convey the party, according to arrangements under way at the present time. 



HAVANA REAL ESTATE VALUES: Havana real estate values have advanced 

 -with great strides during the iiast few months. Reputable real estate operators in 

 Havana are of tlie opinion that considering the conunercial values represented by 

 proiierties which have changed hands recently in the downtown business district, 

 leal estate in Havana has not yet fully come into its own, and prices are still low. 



The site of the "Molino Rojo," one of Havana's oldest theatre properties, was 

 sold, not long ago, for approximately .$<vOO,000.00, having lieen purchased .iust a 

 year previous for $300,000.00. 



Another landmark which was recently sold is the Hotel Telegrafo site. The 

 hotel has been sold to five former employes for the sum of $125,000.00, which is 

 $25,000.00 less than was offered the owners by outsiders. Wliile the amount of 

 money invcjlved in this transaction is not as great as that reported in some recent 

 sales, the sentiment behind the change of ownership has made a wide appeal here. 



The site of the very popular Cafe "La Florida," a favorite midday gathering 

 place for Havana's business men, recently changed hands for a consideration of 

 $100,000.00. This property was purchased by the proprietors of the Cafe from its 

 owner, who resides in Barcelona, Spain. 



A further commentary on tlie real estate situation in Havana is contained in the 

 offer of the United States Government to spend .$.800,000.00 for a Trade Mark and 

 Patent Building here, which offer was made to President Menocal by the American 

 Minister, the Honorable Boaz Long, with the proviso that the Cuban Government 

 give the land ui)on which the building is to be erectetl. The block across Colon 



